Redditor stashes away BTC price $100 for 100 years in public library


There’s by no means a boring day in Bitcoin (BTC) land. Regardless of that markets calling for a lull, the artistic Bitcoin group all the time has trigger for amusement.

Yesterday, a Redditor by the title of Optimum-Dentistador (henceforth, OD) queried the longevity of the Bitcoin community with a time-lapse problem.

In a publish made to the Bitcoin subreddit, OD “wrote a letter and likewise put the non-public keys for $100  price in BTC.” In non-public communication with Cointelegraph, they disclosed they “put 0.003 BTC on a brand new deal with, put the non-public and public key along with the letter within the envelope, and right here we’re.”

The life-long experiment was impressed by current occasions placed on by the general public library in OD’s metropolis–which can stay secret at OD’s request. They informed Cointelegraph that of their cit:

“There was an occasion the place you might write one thing like a letter, poetry or a diary which can be saved for 100 years. If you happen to write some private data on the envelope, they may attempt to discover some dwelling family members to offer them.”

OD determined to place “one thing particular” within the time capsule, specifically the private and non-private key particulars to 0.003 BTC, roughly $100 at at the moment’s fee. They informed Cointelegraph, “I’ll inform my household about this,” nevertheless, OD additionally jokes they could “ultimately neglect this entire factor, who is aware of what’s going to occur within the subsequent many years.”

The Reddit group was fast to notice that whereas 0.003 BTC could also be an insignificant sum in 2022, it could possibly be thought-about a market-moving quantity in 100 years:

OD was fast to joke that in at the moment’s world, it’s a bit like discovering the “Bitfinex hack amount of cash” in a letter. The Division of Justice just lately seized $3.6B as a part of the debacle related to crypto trade Bitfinex. 

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On condition that the letter won’t be opened till 2022, one Redditor, “fontinuos” commented that it’s “unhappy to assume each single of us can be lifeless and gained´t see the end result.” OD agrees that whereas it’s a enjoyable experiment, in the end the end result is “a grim feeling.”

Nonetheless, the meme worth is robust, and OD’s offspring could get pleasure from riches. OD signed off to Cointelegraph saying, “see you in 2122, the last word diamond fingers :)”

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